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20121115
20121115
Search Results 0 to 5 of about 6 (some duplicates have been removed)
back and forth. you had boehner's position from the -- >> i don't want to anger the viewers, you but i think they're looking at obama's words the same way they look it at the polls with the kind of sense of here's what i want to believe. >> if they lose, do they go along with that and say we will accept that or do they push it over the fiscal cliff. you have people on the right and the left who are saying go over. >> in the press conference yesterday, my read of what obama said was we're raising the rates and we're put a structure for eliminating entitlements. >> correct. but if we're talking about rates, if you were playing joe, you would hear that the argument would be that this will never actually work. republicans won't go loochialon it. so some people were suggesting maybe there is a way to do 35% and get rid of deductions. >> but remember was it geithner on -- today is thursday. so this would have been tuesday. he said people are diluting themselves to think we can get where we need to get with loopholes. and i don't know about the right max, but my understanding is i don't think
.6 trillion of new revenue. boehner had agreed to $800 billion. it's not hard to find $1.2 trillion as a kind of middle ground to that. then you want to have $4 trillion of total deficit reduction, so that leaves $2.8 trillion of spending reductions that have to happen. here's what people miss. we can avoid going over the cliff with the stroke of a pen. they can just extend all this stuff and kick the can down the road. the real question is are we going to have a big deal? are we going to agree on the major spending restraints that we need as well as the tax stuff in order to actually get the deficit under control? and i think the betting on that is less than 50%. i think we have a great shot at it. but it's going to be really, really hard. >> is that the view from wall street, too? they're not totally confident that this is going to happen? >> what you see in the stock market at the moment is that wall street is not totally confident. that's for sure. >> all right. steve, thanks so much. >> pleasure. >>> coming up, independent senator-elect of maine, angus king joins the conversation. he's a
to bottom here. it's just that there's not as many. >> if you saw a headline, boehner-obama to agree to long-term solution, you would hit buy first on com? >> we no longer have to worry about rising above? >> i think we'll see that as a joke. >> only up 3% to 5% between now and tuesday. that's not their focus. >> i understand. >> but remember when germany went down, when the german forces went down. those are countries that are dominated by rich people. a lot of those companies are plutocrasies. i think when their market went down, they said holy cow, maybe we ought to do something, maybe monty ought to get together, our country t.a.r.p., that first vote, i think people said, okay, i'm going to have to work the rest of my life, there goes my 401(k) and the congressmen rise above. i hope it doesn't take that. i hope it didn't. >> we do have some media news today, viacom is out with some numbers. >> viacom is not as bad as i had feared. the market numbers down about 6% for the company which is perhaps a little bit better than might have been expected. if you take a look over the last few weeks
to study in the congress. >> deirdre walton, cnn, since the elections john boehner has been talking about what to negotiate a deal on the fiscal cliff and says he is open to new revenue and willingness to compromise. i was wondering what you think of his position on this, and if you are right to support him this afternoon? >> i do not know if you are here earlier when i spoke about the 10-1 deal. i want to see where they are willing to cut. olive heard is that the democrats are saying they are not willing to cut anything in. the president had a meeting last night with the labor unions, all of these separate liberal groups. and everyone of those groups to the president that he should not deliver anything on a reforms of our entitlement system, but you should insure the delivers a tax increase. i do not think they are open- minded in any way. i think we need to stop negotiating with ourselves. and we need to wait for the democrats to actually give us an offer that is a real serious offer. we need to stop speaking amongst ourselves. he won the presidency, let him lead. >> i believe that reve
speaker boehner, majority leader cantor, majority whip mccarthy, democratic leader pelosi, democratic whip hoyer, house foreign affairs committee chairwoman ileana ros-lehtinen, and ranking member, mr. berman of california, as well as mr. levin who has been so very helpful on the ways and means committee for all their support in drafting the bill under consideration by the house this week. it has been a pleasure to work with all these individuals. mr. speaker, as i have said i believe the magnitsky provisions are strong, flexible enough to be well implemented, and allow us to have a cooperative relationship with russia on trade and other issues while holding human rights violators, including those responsible for the brutal treatment and death of sergei magnitsky accountable. as i stated earlier i would not be supporting pntr for the russian federation if this bill did not include the sergei magnitsky rule of law accountability act. mr. speaker, i agree with what has been said about the importance of increased trade in terms of promoting more positive reforms in countries like russia, but
Search Results 0 to 5 of about 6 (some duplicates have been removed)